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    Canada 5G Industrial IoT Market

    ID: MRFR/ICT/56740-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    Canada 5G Industrial IoT Market Research Report By Component (Hardware, Solution, Service), By Organization Size (Large Enterprise, Small & Medium Enterprise) and By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-time Workforce Tracking & Management, Automation Control & Management, Emergency)-Forecast to 2035

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    Table of Contents

    Canada 5G Industrial IoT Market Summary

    The Canada 5G Industrial IoT market is projected to grow from 28.6 USD billion in 2024 to 48.0 USD billion by 2035.

    Key Market Trends & Highlights

    Canada 5G Industrial IoT Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 4.82 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 48.0 USD billion, indicating robust growth potential.
    • In 2024, the market is valued at 28.6 USD billion, reflecting a strong foundation for future expansion.
    • Growing adoption of 5G technology due to increased demand for real-time data analytics is a major market driver.

    Market Size & Forecast

    2024 Market Size 28.6 (USD Billion)
    2035 Market Size 48.0 (USD Billion)
    CAGR (2025-2035) 4.82%

    Major Players

    Rogers Communications, IBM Corporation, Microsoft Corporation, Telus Corporation, Schneider Electric, Cisco Systems, Bell Canada, Nokia Corporation, Ericsson, Amazon Web Services, General Electric, Honeywell International, Siemens AG, Qualcomm

    Canada 5G Industrial IoT Market Trends

    The growing acceptance of innovative technologies across several industries is driving notable expansion in the Canada 5G Industrial IoT market. The government's backing of digital infrastructure—which comprises expenditures to improve communication networks—is one main driver of the market.

    Aiming at guaranteeing strong 5G connectivity—which is crucial for IoT applications in sectors like manufacturing, logistics, and agriculture—the Canadian government has set out a number of projects. Moreover, the integration of IoT solutions using 5G technology offers improved data transmission capacity and real-time analytics as sectors strive to raise efficiency and lower operational risks.

    One area of interest is the use of smart cities, which are gathering steam all throughout Canada. Given that cities like Toronto and Vancouver give technology developments top priority, there is a great opportunity for cooperation between the public and commercial sectors of life.

    Improved connection and enhanced data management tools will encourage the acceptance of IoT devices capable of helping governments maximize urban services and raise residents' quality of living.

    Recent trends also show a concentration on sustainability and environmental care. Using 5G and IoT technologies for real-time monitoring and administration, companies are realizing more and more the requirement of following Canadian rules that support environmentally friendly operations.

    As companies implement greener policies, alliances between technology companies and sectors striving for sustainability will grow. The push toward digital transformation, urban smartology, and environmental responsibility emphasizes overall the dynamic terrain of the Canada 5G Industrial IoT market and positions it as a vital sector of growth for the future of the nation.

    Canada 5G Industrial IoT Market Drivers

    Market Segment Insights

    Canada 5G Industrial IoT Market Segment Insights

    Canada 5G Industrial IoT Market Segment Insights

    5G Industrial IoT Market Component Insights

    5G Industrial IoT Market Component Insights

    The Canada 5G Industrial IoT Market is characterized by a diverse range of components that play a crucial role in driving its growth and development. This segment encompasses various elements such as Hardware, Solutions, and Services, each contributing significantly to the overall efficiency and functionality of the industrial IoT ecosystem. Hardware remains essential, providing the foundational technology necessary for connectivity, data processing, and communication between devices.

    With the integration of 5G, this segment is witnessing advancements that enhance performance and reliability, catering to industries such as manufacturing, healthcare, and transportation.Solutions, on the other hand, focus on software and applications that enable real-time analytics, remote monitoring, and automated processes, thereby optimizing operations and reducing costs.

    The demand for customized solutions has surged as businesses look to leverage 5G capabilities for greater productivity and innovation in their respective fields. Services, including network management, maintenance, and support, are becoming ever more critical as companies transition to 5G-enabled environments.

    These services ensure seamless integration and operational continuity, which are vital for industries dependent on timely data exchange and responsiveness.The combination of these components illustrates the intricate interdependencies that define the Canada 5G Industrial IoT Market, with ongoing advancements creating numerous opportunities for growth and enhanced industry applications across sectors.

    5G Industrial IoT Market Organization Size Insights

    5G Industrial IoT Market Organization Size Insights

    The Canada 5G Industrial IoT Market demonstrates a clear distinction in insights based on Organization Size, highlighting the significant role of both Large Enterprises and Small and Medium Enterprises (SMEs). Large Enterprises tend to dominate the market due to their vast resources, enabling them to invest heavily in advanced technologies and robust infrastructure that the 5G Industrial IoT ecosystem requires. This segment frequently prioritizes efficiency and scalability, making it a leader in adopting IoT solutions to enhance productivity.

    On the other hand, Small and Medium Enterprises are increasingly recognizing the potential of 5G technology to level the playing field, providing them with tools to innovate and improve operations without the substantial capital typically associated with technological advancements.

    This segment often focuses on tailored solutions that cater to specific industry needs, fostering agility and responsiveness. Overall, the differentiation in the Organization Size segment underscores a diverse landscape in the Canada 5G Industrial IoT Market, reflecting varied growth drivers, such as operational efficiency, accessibility of technology, and the pursuit of competitive advantage, all contributing to its dynamic evolution.

    5G Industrial IoT Market Application Insights

    5G Industrial IoT Market Application Insights

    The Canada 5G Industrial IoT Market has witnessed a notable expansion within its Application segment, reflecting the increasing adoption of advanced technologies across various industries.

    This segment is characterized by diverse applications such as Predictive Maintenance, which enhances equipment reliability; Business Process Optimization, offering greater efficiency in operational workflows; and Asset Tracking and Management, enabling companies to monitor assets in real-time.

    Logistics and Supply Chain Management applications are becoming essential, as they help industries streamline operations and reduce costs.Real-time Workforce Tracking and Management play a critical role in enhancing worker productivity and ensuring safety. Furthermore, Automation Control and Management are vital for improving the consistency and quality of production processes. The Emergency application emphasizes responsiveness, improving reaction times in critical situations.

    The synergy of these applications illustrates the growing reliance on 5G technologies to drive innovation, increase efficiency, and reduce operational complexities in Canada.

    As sectors like manufacturing and transportation embrace these advancements, the resulting data-rich environments foster actionable insights that can significantly optimize performance and enhance decision-making capabilities.The overall trends indicate a strong shift towards interconnected systems that not only elevate productivity but also provide opportunities for future growth in a competitive landscape.

    Get more detailed insights about Canada 5G Industrial IoT Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The competitive landscape of the Canada 5G Industrial IoT Market is characterized by rapid technological advancements, strategic partnerships, and the integration of innovative solutions across various industries. This evolving market is being propelled by increased demand for real-time data collection, smart manufacturing, and enhanced connectivity

    . As enterprises seek to leverage the capabilities of 5G technology, competition is intensifying among existing telecom providers and technology giants, each striving to establish a significant foothold. The adoption of 5G is not just limited to telecommunications but is expanding into sectors such as healthcare, logistics, and smart cities, leading to a dynamic interplay among key players in the region.

    Understanding the strengths and strategies of market leaders is crucial for stakeholders looking to navigate this landscape effectively.Rogers Communications stands out in the Canada 5G Industrial IoT Market due to its extensive network infrastructure and established reputation as a leading telecommunications provider.

    The company has made significant investments in expanding its 5G network, aiming to provide broader coverage and enhanced capabilities for industrial applications. With a customer-centric approach, Rogers Communications focuses on delivering tailored solutions designed to meet the specific needs of various industries. Their strong presence in the industrial sector, coupled with strategic partnerships, allows them to leverage emerging technologies effectively.

    Additionally, Rogers Communications is known for its commitment to innovation, which has enabled them to develop unique platforms and services that enhance operational efficiency and connectivity for businesses across Canada.

    IBM Corporation is another formidable player in the Canada 5G Industrial IoT Market, recognized for its cutting-edge technology solutions and expertise in artificial intelligence and analytics. The company has developed a robust suite of products and services tailored for industrial IoT applications, including cloud computing, data analytics, and AI-driven solutions that enhance productivity and operational insights.

    IBM’s strong partnership ecosystem in Canada enables the firm to collaborate with local enterprises effectively, driving digital transformation across various sectors. With a focus on innovation, IBM continues to invest in research and development while actively seeking strategic mergers and acquisitions to expand its capabilities in the industrial IoT space.

    This proactive approach not only strengthens their market presence in Canada but also positions them as a trusted partner for organizations looking to harness the power of 5G technology in their operations.

    Key Companies in the Canada 5G Industrial IoT Market market include

    Industry Developments

    The Canada 5G Industrial IoT Market has seen significant developments recently, particularly as companies enhance their infrastructures and adoption of advanced technologies.

    Rogers Communications announced plans in September 2023 to expand its 5G network to more industrial sectors, aiming to support Canadian manufacturers. Concurrently, IBM Corporation and Microsoft Corporation are collaborating on cloud solutions that cater to 5G-powered IoT applications.

    Telus Corporation has begun integrating 5G technology with its IoT services to optimize operations for different sectors, fueling market growth. Notably, in August 2023, Bell Canada and Nokia Corporation reported a partnership focused on developing private 5G networks, boosting industry innovation.

    Additionally, in July 2023, Cisco Systems and Schneider Electric collaborated to offer IoT solutions that can be utilized across various industrial applications.

    The growth in market valuation for companies like Ericsson and Qualcomm has implications for competition and investment in 5G technologies. Over the past two to three years, the regulatory framework in Canada has also evolved, enhancing the environment for 5G deployments, reflecting a proactive approach to improving connectivity for industrial IoT solutions.

    Market Segmentation

    Outlook

    • Predictive Maintenance
    • Business Process Optimization
    • Asset Tracking & Management
    • Logistics & Supply Chain Management
    • Real-time Workforce Tracking & Management
    • Automation Control & Management
    • Emergency

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 27.38(USD Billion)
    MARKET SIZE 2024 28.61(USD Billion)
    MARKET SIZE 2035 48.02(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.82% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Rogers Communications, IBM Corporation, Microsoft Corporation, Telus Corporation, Schneider Electric, Cisco Systems, Bell Canada, Nokia Corporation, Ericsson, Amazon Web Services, General Electric, Honeywell International, Huawei Technologies, Siemens AG, Qualcomm
    SEGMENTS COVERED Component, Organization Size, Application
    KEY MARKET OPPORTUNITIES Predictive maintenance solutions, Smart supply chain management, Enhanced remote monitoring systems, Connected autonomous vehicles, Industry 4.0 integration services
    KEY MARKET DYNAMICS Increased connectivity demand, Enhanced automation solutions, Improved data analytics capabilities, Cost reduction in operations, Expansion of smart manufacturing
    COUNTRIES COVERED Canada

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the expected market size of the Canada 5G Industrial IoT Market by 2024?

    The Canada 5G Industrial IoT Market is expected to be valued at 28.61 billion USD by 2024.

    What is the projected value of the Canada 5G Industrial IoT Market by 2035?

    By 2035, the expected value of the Canada 5G Industrial IoT Market is 48.02 billion USD.

    What is the expected compound annual growth rate (CAGR) for the Canada 5G Industrial IoT Market from 2025 to 2035?

    The expected CAGR for the Canada 5G Industrial IoT Market from 2025 to 2035 is 4.82 percent.

    Which company is expected to have a dominant market share in the Canada 5G Industrial IoT Market?

    Major players such as Rogers Communications, IBM Corporation, and Microsoft Corporation are expected to have a dominant market share in the Canada 5G Industrial IoT Market.

    What is the estimated market value for the hardware component of the Canada 5G Industrial IoT Market in 2024?

    The hardware component of the Canada 5G Industrial IoT Market is estimated to be valued at 10.8 billion USD in 2024.

    What is the expected market size for solutions in the Canada 5G Industrial IoT Market by 2035?

    The solutions segment is expected to reach a market size of 16.5 billion USD by 2035.

    How much is the services segment of the Canada 5G Industrial IoT Market projected to be worth in 2024?

    The services segment is projected to be worth 7.71 billion USD in 2024.

    What key opportunities are driving the growth of the Canada 5G Industrial IoT Market?

    Key opportunities driving growth include advancements in technology and increasing demand for automation across industries.

    How is the current competitive landscape affecting the Canada 5G Industrial IoT Market?

    The competitive landscape is intensifying with major firms like Cisco Systems and Nokia Corporation actively investing in innovation.

    What are the primary applications of the Canada 5G Industrial IoT Market?

    Primary applications include smart manufacturing, supply chain optimization, and predictive maintenance.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Canada
    59. G Industrial IoT Market, BY Component (USD Billion)
    60. Hardware
    61. Solution
    62. Service
    63. Canada
    64. G Industrial IoT Market, BY Organization Size (USD Billion)
    65. Large
    66. Enterprise
    67. Small & Medium Enterprise
    68. Canada
    69. G Industrial IoT Market, BY Application (USD Billion)
    70. Predictive
    71. Maintenance
    72. Business Process Optimization
    73. Asset
    74. Tracking & Management
    75. Logistics & Supply Chain
    76. Management
    77. Real-time Workforce Tracking & Management
    78. Automation
    79. Control & Management
    80. Emergency
    81. Competitive Landscape
    82. Overview
    83. Competitive
    84. Analysis
    85. Market share Analysis
    86. Major
    87. Growth Strategy in the 5G Industrial IoT Market
    88. Competitive
    89. Benchmarking
    90. Leading Players in Terms of Number of Developments
    91. in the 5G Industrial IoT Market
    92. Key developments and
    93. growth strategies
    94. New Product Launch/Service Deployment
    95. Merger
    96. & Acquisitions
    97. Joint Ventures
    98. Major
    99. Players Financial Matrix
    100. Sales and Operating Income
    101. Major
    102. Players R&D Expenditure. 2023
    103. Company
    104. Profiles
    105. Rogers Communications
    106. Financial
    107. Overview
    108. Products Offered
    109. Key
    110. Developments
    111. SWOT Analysis
    112. Key
    113. Strategies
    114. IBM Corporation
    115. Financial
    116. Overview
    117. Products Offered
    118. Key
    119. Developments
    120. SWOT Analysis
    121. Key
    122. Strategies
    123. Microsoft Corporation
    124. Financial
    125. Overview
    126. Products Offered
    127. Key
    128. Developments
    129. SWOT Analysis
    130. Key
    131. Strategies
    132. Telus Corporation
    133. Financial
    134. Overview
    135. Products Offered
    136. Key
    137. Developments
    138. SWOT Analysis
    139. Key
    140. Strategies
    141. Schneider Electric
    142. Financial
    143. Overview
    144. Products Offered
    145. Key
    146. Developments
    147. SWOT Analysis
    148. Key
    149. Strategies
    150. Cisco Systems
    151. Financial
    152. Overview
    153. Products Offered
    154. Key
    155. Developments
    156. SWOT Analysis
    157. Key
    158. Strategies
    159. Bell Canada
    160. Financial
    161. Overview
    162. Products Offered
    163. Key
    164. Developments
    165. SWOT Analysis
    166. Key
    167. Strategies
    168. Nokia Corporation
    169. Financial
    170. Overview
    171. Products Offered
    172. Key
    173. Developments
    174. SWOT Analysis
    175. Key
    176. Strategies
    177. Ericsson
    178. Financial
    179. Overview
    180. Products Offered
    181. Key
    182. Developments
    183. SWOT Analysis
    184. Key
    185. Strategies
    186. Amazon Web Services
    187. Financial
    188. Overview
    189. Products Offered
    190. Key
    191. Developments
    192. SWOT Analysis
    193. Key
    194. Strategies
    195. General Electric
    196. Financial
    197. Overview
    198. Products Offered
    199. Key
    200. Developments
    201. SWOT Analysis
    202. Key
    203. Strategies
    204. Honeywell International
    205. Financial
    206. Overview
    207. Products Offered
    208. Key
    209. Developments
    210. SWOT Analysis
    211. Key
    212. Strategies
    213. Huawei Technologies
    214. Financial
    215. Overview
    216. Products Offered
    217. Key
    218. Developments
    219. SWOT Analysis
    220. Key
    221. Strategies
    222. Siemens AG
    223. Financial
    224. Overview
    225. Products Offered
    226. Key
    227. Developments
    228. SWOT Analysis
    229. Key
    230. Strategies
    231. Qualcomm
    232. Financial
    233. Overview
    234. Products Offered
    235. Key
    236. Developments
    237. SWOT Analysis
    238. Key
    239. Strategies
    240. References
    241. Related
    242. Reports
    243. LIST
    244. OF ASSUMPTIONS
    245. Canada 5G Industrial IoT Market SIZE ESTIMATES
    246. & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    247. Canada
    248. G Industrial IoT Market SIZE ESTIMATES & FORECAST, BY ORGANIZATION SIZE, 2019-2035
    249. (USD Billions)
    250. Canada 5G Industrial IoT Market SIZE ESTIMATES
    251. & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    252. PRODUCT
    253. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    254. ACQUISITION/PARTNERSHIP
    255. LIST
    256. Of figures
    257. MARKET SYNOPSIS
    258. CANADA
    259. G INDUSTRIAL IOT MARKET ANALYSIS BY COMPONENT
    260. CANADA
    261. G INDUSTRIAL IOT MARKET ANALYSIS BY ORGANIZATION SIZE
    262. CANADA
    263. G INDUSTRIAL IOT MARKET ANALYSIS BY APPLICATION
    264. KEY
    265. BUYING CRITERIA OF 5G INDUSTRIAL IOT MARKET
    266. RESEARCH
    267. PROCESS OF MRFR
    268. DRO ANALYSIS OF 5G INDUSTRIAL IOT MARKET
    269. DRIVERS
    270. IMPACT ANALYSIS: 5G INDUSTRIAL IOT MARKET
    271. RESTRAINTS
    272. IMPACT ANALYSIS: 5G INDUSTRIAL IOT MARKET
    273. SUPPLY / VALUE
    274. CHAIN: 5G INDUSTRIAL IOT MARKET
    275. G INDUSTRIAL IOT MARKET,
    276. BY COMPONENT, 2025 (% SHARE)
    277. G INDUSTRIAL IOT MARKET,
    278. BY COMPONENT, 2019 TO 2035 (USD Billions)
    279. G INDUSTRIAL
    280. IOT MARKET, BY ORGANIZATION SIZE, 2025 (% SHARE)
    281. G INDUSTRIAL
    282. IOT MARKET, BY ORGANIZATION SIZE, 2019 TO 2035 (USD Billions)
    283. G
    284. INDUSTRIAL IOT MARKET, BY APPLICATION, 2025 (% SHARE)
    285. G
    286. INDUSTRIAL IOT MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    287. BENCHMARKING
    288. OF MAJOR COMPETITORS

    Canada 5G Industrial IoT Market Segmentation

    • 5G Industrial IoT Market By Component (USD Billion, 2019-2035)

      • Hardware
      • Solution
      • Service

     

    • 5G Industrial IoT Market By Organization Size (USD Billion, 2019-2035)

      • Large Enterprise
      • Small & Medium Enterprise

     

    • 5G Industrial IoT Market By Application (USD Billion, 2019-2035)

      • Predictive Maintenance
      • Business Process Optimization
      • Asset Tracking & Management
      • Logistics & Supply Chain Management
      • Real-time Workforce Tracking & Management
      • Automation Control & Management
      • Emergency

     

     

     

     

     

     

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